This is an Update for: 
After breaking the $7400, now BTC entered a range between the two ($7800~$8000 and $7400) Support and Resistance. ( 61.8 Fibo on $8000 )
The second test of $8000 is probable. BUT the 2D Death Cross is confirmed a long time ago and now the Price action tested the 2D EMA200. I entered a short position based on 2D EMA200.
As long as Bitcoin is below that moving average, I'm bearish and covering my short positions.
After breaking the $7400, now BTC entered a range between the two ($7800~$8000 and $7400) Support and Resistance. ( 61.8 Fibo on $8000 )
The second test of $8000 is probable. BUT the 2D Death Cross is confirmed a long time ago and now the Price action tested the 2D EMA200. I entered a short position based on 2D EMA200.
As long as Bitcoin is below that moving average, I'm bearish and covering my short positions.
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